document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=472871>Question 472871</A>: <I><SPAN STYLE=\"word-break: break-all;\"> find the amount of compound interest earned in an account that opens with $22,000, earns 6.9% interest compounded daily held for 15 years, 360 days in year. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #324210 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=324210\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> find the amount of compound interest earned in an account that opens with $22,000, earns 6.9% interest compounded daily held for 15 years, 360 days in year.<BR>\n" );
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document.write( "Daily interest = 0.069/360<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+=+22000%2A%281+%2B+0.069%2F360%29%5E%2815%2A360%29 ALIGN=MIDDLE  ALT=\"FV+=+22000%2A%281+%2B+0.069%2F360%29%5E%2815%2A360%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "FV =~ $61926.19<BR>\n" );
document.write( "Interest = FV - 22000<BR>\n" );
document.write( "Interest = $39,926.19\r<BR>\n" );
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